Gong Cha
Gong Cha
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United States $65 Billion Private Equity Firm TA Associates Reviewing to Sell Bubble Tea Company Gong Cha at $2 Billion Valuation, Ex-Standard Chartered Banker in Singapore & South Korea Now-Racing Driver & Founder of Gong Cha Global Martin Berry (Australia Citizen) Turned Bubble Tea Brand Gong Cha into $578 Million Sales in 2024, Gong Cha Founded in 1996 by Zhen-Hua (Super) Wu & Ming-Hsi (Frank) in Taiwan with Company Setup in 2006, Martin Berry Launched Gong Cha in South Korea in 2012 & Acquired Gong Cha in 2017 to become Gong Cha Global, Martin Berry Wife Kim Yeo-Jin is Also Co-Founder of Gong Cha Global

16th March 2026 | Hong Kong

United States private equity firm TA Associates ($65 billion capital raised) is reported to be reviewing to sell bubble tea company Gong Cha at $2 billion valuation.  TA Associates invested in Gong Cha in 2019. Ex-Standard Chartered Banker in Singapore & South Korea now-racing driver & founder of Gong Cha Global Martin Berry (Australia citizen) had turned bubble tea brand Gong Cha into $578 million sales in 2024.  Gong Cha was founded in 1996 by Zhen-Hua (Super) Wu & Ming-Hsi (Frank) in Taiwan with company setup in 2006.  Martin Berry launched Gong Cha in South Korea in 2012, and acquired Gong Cha in 2017 to become Gong Cha Global.  Martin Berry wife Kim Yeo-Jin is also co-founder of Gong Cha Global.  TA Associates – TA is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, we have invested in more than 560 companies across our five target industries – technology, healthcare, financial services, consumer and business services. Leveraging our deep industry expertise and strategic resources, we collaborate with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has over 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong.

“ United States $65 Billion Private Equity Firm TA Associates Reviewing to Sell Bubble Tea Company Gong Cha at $2 Billion Valuation, Ex-Standard Chartered Banker in Singapore & South Korea Now-Racing Driver & Founder of Gong Cha Global Martin Berry (Australia Citizen) Turned Bubble Tea Brand Gong Cha into $578 Million Sales in 2024, Gong Cha Founded in 1996 by Zhen-Hua (Super) Wu & Ming-Hsi (Frank) in Taiwan with Company Setup in 2006, Martin Berry Launched Gong Cha in South Korea in 2012 & Acquired Gong Cha in 2017 to become Gong Cha Global, Martin Berry Wife Kim Yeo-Jin is Also Co-Founder of Gong Cha Global “

 



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Ex-Standard Chartered Banker in Singapore & South Korea Now-Racing Driver & Founder of Gong Cha Global Martin Berry (Australia Citizen) Turned Bubble Tea Brand Gong Cha into $578 Million Sales in 2024, Gong Cha Founded in 1996 by Zhen-Hua (Super) Wu & Ming-Hsi (Frank) in Taiwan with Company Setup in 2006, Martin Berry Launched Gong Cha in South Korea in 2012 & Acquired Gong Cha in 2017 to become Gong Cha Global, Martin Berry Wife Kim Yeo-Jin is Also Co-Founder of Gong Cha Global

Gong Cha
Gong Cha

17th February 2026 – Ex-Standard Chartered Banker in Singapore & South Korea now-racing driver & founder of Gong Cha Global Martin Berry (Australia citizen) turned bubble tea brand Gong Cha into $578 million sales in 2024.  Gong Cha was founded in 1996 by Zhen-Hua (Super) Wu & Ming-Hsi (Frank) in Taiwan with company setup in 2006.  Martin Berry launched Gong Cha in South Korea in 2012, and acquired Gong Cha in 2017 to become Gong Cha Global.  Martin Berry wife Kim Yeo-Jin is also co-founder of Gong Cha Global.  




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